German stocks fell in cautious trade on Tuesday as investors awaited the release of euro zone inflation data and comments from Federal Reserve Chair Jerome Powell for directional cues. Investors were also reacting to a rise in U.S. Treasury yields after the U.S. Supreme Court ruled that former President Donald Trump is entitled to immunity...
French stocks declined on Tuesday as political and policy uncertainty weighed ahead of a second-round vote on July 7. Market participants predict a hung parliament, which would risk policy paralysis for the rest of Macron\'s presidency till 2027. Traders also await the release of euro zone inflation data and comments from Federal Reserve Chair Jerome...
U.K. stocks were subdued on Tuesday as investors refrained from placing big bets ahead of the parliamentary elections on Thursday, with PM Rishi Sunak\'s Conservatives expected to face a challenge. Investors were also reacting to industry data that showed U.K. shop prices fell between May and June and were little changed from last year. The...
After struggling for direction till a little past noon on Tuesday, stocks began climbing higher, and continued to gain in strength to eventually end the day\'s session a firm note. Concerns about the outlook for interest rates rendered the mood cautious early on in the session, with investors digesting Federal Reserve Chair Jerome Powell\'s speech...
After a weak start and a subsequent recovery, the Canadian market slipped into negative territory Tuesday morning, but recovered gradually to eventually end the day\'s session on a firm note, thanks to strong gains in energy, consumer staples and technology sectors. Concerns about the outlook for Fed interest rates rendered the mood a bit cautious...
Australia will on Wednesday release May figures for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.5 percent on month and 27.3 percent on year after slipping 0.3 percent on month and jumping 27.3 percent on year in April. Australia also will see June results for the construction...
The South Korea stock market on Tuesday halted the two-day winning streak in which it had added more than 20 point or 0.7 percent. The KOSPI now rests just above the 2,780-point plateau although it\'s likely to bounce higher again on Wednesday. The global forecast for the Asian markets suggests little movement ahead of Friday\'s...
The services sector in Australia continued to expand in June, albeit at a slower pace, the latest survey from Jufo Bank revealed on Wednesday with a services PMI score of 51.2. That\'s down from 52.5 in May, although it remains above the boom-or-bust line of 50. New business also extended its run of growth to...
European stocks are seen opening on a tepid note Tuesday as a surge in oil prices on prospects for strength in summer demand revived worries about inflation and interest rates. French political and policy uncertainty may also weigh on markets ahead of a second-round vote on July 7. Meanwhile, there are expectations of Donald Trump...
The board of the Reserve Bank of Australia discussed the case for raising the cash rate at its June meeting citing slower-than-expected inflation but finally judged that the case to leave the rate unchanged was the stronger one, the minutes of the meeting showed Tuesday. At the June meeting, the board governed by Michele Bullock...